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Windows Central
Windows Central
Technology
Jez Corden

Intel stock soars almost 25% in one week after JD Vance' new comments on the chip maker's AI future, as the US and UK refuse to sign the Paris AI summit's regulation decree

Intel research and development office in Matam business park in Haifa.

Intel has not had a good few years, but things might be looking up for the beleaguered chip maker.

Over the past year, Intel has laid off thousands upon thousands of staff, following its disastrous attempts to build a home-grown chip fabrication business, typically known as Intel Foundry. The firm saw its valuation practically wiped out over the past few years as a result, with its market cap shrinking to lows not seen since the mid 90s.

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